Author: darelasisi@gmail.com
By Tony Obiechina, Abuja The Securities and Exchange Commission, SEC has assured subscribers of defunct Dantata Success and Profitable Company that it is discussing with all parties with a view to settling claims of subscribers. In a Press Statement by SEC Head of Corporate Communication, Mrs Efe Ebelo in Abuja on Sunday, the verification has been completed and the Commission is discussing with the Administrators/Trustees and the management of the DSPC with a view to settling the claims of subscribers. According to the statement, “the Commission urges members of the public who subscribed to the schemes to be calm as…
The Central Bank of Nigeria (CBN) has formally clarified issues surrounding the operations of domiciliary accounts in Nigeria. Making the clarification in a chat with newsmen in Abuja , the Bank’s Director, Corporate Communications Department, Issac Okorafor stated that “the Bank has not prohibited the acceptance of foreign currency cash deposits by Deposit Money Banks.” He further explained that “Only electronic fund transfers into Domiciliary accounts can be transferred from such accounts while cash deposits into such accounts can only be withdrawn in cash also.” Okorafor therefore urged stakeholders and other interested parties to always endeavour to seek clarification on…
A civil rights organisation, under the aegis of Coalition of Public Interest Lawyers and Advocates (COPA), has faulted the suspension of the Oluwo of Iwo Land, Oba Abdulrasheed Akanbi by the Osun State Council of Traditional Rulers (OSCTR), describing it as “weightless and unknown to any law in Nigeria.” The coalition likened the scenario to the suspension of a governor by the Nigerian Governors Forum (NGF) “which has the implication of staying his rights and privileges as it relates to the NGF and not as it relates to his power, rights and duties as governor of his state.” The organisation…
Vice President Prof. Yemi Osinbajo; President of the Senate, Senator Ahmad Lawan and Delta State Governor Ifeanyi Okowa were among top dignataries that extolled the leadership virtues of the Deputy President of the Senate, Senator Ovie Omo-Agege. Specifically, they commended the Delta Central Senator for his courage to weather the storm in a difficult political terrain as well as break the jinx of not only being the first Urhobo senator to be reelected but also as the first senator from the area to become the nation’s Number Six Citizen. They spoke on Sunday at a Thanksgiving Mass by Senator Omo-Agege.…
The Oyo State Government has warned worship houses, event planners and centres as well as clubs to desist from indiscriminate closure of public roads. This was contained in a statement issued in Ibadan on Saturday by the State Ministry of Information, Culture and Tourism. The statement qouted Dr Akin Fagbemi, the Chairman of Oyo State Road Transport Management Authority (OYRTMA), as giving the warning when he led a team to monitor authorised blockade of roads for social events across the state. Fagbemi said the Seyi Makinde administration frowns at the disregard to extant laws and regulations guiding the usage of…
The Jigawa Police Command, has confirmed that its patrol vehicle hit and killed a pedestrian, Hauwa Danladi-Turis, and injured four others in Malammadori Local Government Area (LGA) of the state. Spokesman of the Command, SP Abdu Jinjiri, told the News Agency of Nigeria (NAN), in Malammadori, that the incident occurred on Friday. Jijiri said the incident occurred when the vehicle carrying two policemen chased and rammed into a suspected car. “The policemen on duty chased the suspected car and rammed it from the rear after the driver tried to escape. “In the ensuing commotion, the girl was hit and killed,…
Socio-Economic Rights and Accountability Project (SERAP) and 192 concerned Nigerians have filed a lawsuit asking the Federal High Court in Abuja to “restrain and stop Mr Femi Gbajabiamila, Speaker of the House of Representatives and all members of the House from spending an estimated N5.04 billion to buy 400 exotic cars for principal officers and members.” SERAP is also seeking a court order to “restrain and stop the National Assembly Service Commission from releasing any public funds to the House of Representatives to buy 400 Toyota Camry 2020 model cars estimated to cost $35,130 per car, until an impact assessment…
The Institute for Peace and Conflict Resolution (IPCR) has taken its peace building sensitization campaign for Nigerian youths to Katsina State. Speaking during a courtesy call on the Emir of Daura, His Royal Highness, Umar Faruk Umar at the emir’s palace in Daura, Katsina state, the Director General of the Institute, Dr. Bakut Bakut said the Institute as the foremost think-tank on peace and conflict prevention in Nigeria is committed to peace building and conflict prevention for sustainable development. The sensitization campaign in partnership with the Member representing Daura, Mai’adua and Sandamu, Federal Constituency, Katsina State, Hon. Fatahu Muhammed was targeted at…
A Professor of French Language and Linguistics, Oluremi Sonaiya, has called on parents to encourage children to learn two or more languages to build their intellects. Sonaiya, a former Lecturer at Obafemi Awolowo University, Ile-Ife, Osun, gave the advice in an interview with the News Agency of Nigeria (NAN) in Lagos. She spoke to NAN following the celebration of the 2020 International Mother Language Day. NAN reports that the International Mother Language Day is celebrated on Feb. 21 annually to create awareness of language and cultural diversity across the world. It was first announced by UNESCO on Nov. 17, 1999.…
The management of Ibadan Electricity Distribution Company (IBEDC) has pleaded for understanding and patience of its customers in Ibadan, Ijebu-ode, Sagamu, Iseyin, Ejigbo and parts of Ede, currently experiencing minimal supply of power. The company’s acting Chief Technical Officer, Mr Felix Abiodun, made the pleal in a statement on Friday. Abiodun said the poor supply was the aftermath of the TCN-Ayede Sub-station fire incident that happened on Jan. 5. “The fire destroyed the TCN 150 MVA 330/132/33 kV power transformer that cannot be easily replaced. “Shortly after the bulk restoration of supply, one of the remaining three transformers (3x150MVA) gave…